openPR Logo
Press release

Applicant Tracking System Market Trends 2024, Industry Growth Overview, Forecast Report By 2032

02-07-2024 10:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Applicant Tracking System Market

Applicant Tracking System Market

According to the latest report by IMARC Group, titled, "Applicant Tracking System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," The global applicant tracking system market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2032, exhibiting a growth rate (CAGR) of 8.5% during 2024-2032.

Applicant Tracking System:

An Applicant Tracking System (ATS) is a software application that streamlines and automates the recruitment and hiring process for organizations. It efficiently manages the entire lifecycle of a candidate, from the submission of their application to the final hiring decision. ATS allows recruiters to post job openings, track applications, screen resumes, and communicate with applicants seamlessly. It includes features such as resume parsing, keyword-based searches, and interview scheduling, enhancing the efficiency of talent acquisition. With the ability to centralize candidate data, ATS improves collaboration among hiring teams and ensures compliance with hiring regulations. This technology is crucial for modern recruitment strategies, aiding businesses in identifying and selecting the best-suited candidates for their organizational needs.

Get a sample copy of this Report: https://www.imarcgroup.com/applicant-tracking-system-market/requestsample

Competitive Landscape with Key players:

• ApplicantStack
• ATS Ondemand
• Clearcompany
• Greenhouse Software
• IBM
• iCIMS
• JazzHR
• Jobvite
• Oracle
• SAP SE
• SilkRoad Technology
• SmartRecruiters
• Tribepad
• Ultimate Software
• Zoho

Global Applicant Tracking System Market Trends:

The global market is majorly driven by the changing landscape of recruitment and human resource management. In line with this, the global emphasis on digital transformation across industries has led to increased adoption of technology-driven solutions in the hiring process. ATS, as a central component, automates mundane tasks, accelerates recruitment workflows, and enhances overall efficiency, aligning with the broader trend of leveraging technology in HR practices. Furthermore, the intensifying competition for top talent also drives the ATS market. In a highly competitive job market, companies seek solutions that help them identify and attract the best candidates swiftly. ATS facilitates the creation of talent pools, enables proactive candidate sourcing, and ensures a streamlined application process, contributing to a competitive advantage in talent acquisition.

Besides, regulatory compliance and the need for standardized hiring processes further fuel the demand for ATS. As employment laws and regulations evolve, organizations turn to ATS to ensure adherence to compliance requirements, reducing legal risks associated with the recruitment process. Moreover, the rise of remote work and the gig economy has reshaped traditional hiring practices, making flexibility a key consideration. ATS systems are adapted to support remote hiring, facilitating virtual collaboration among hiring teams and ensuring a seamless candidate experience regardless of geographical location. Additionally, analytics and data-driven decision-making also play a significant role in driving the ATS market.

Read Full Report - https://www.imarcgroup.com/applicant-tracking-system-market

Key Market Segmentation:

Breakup by Deployment:

• On-premises
• Cloud

Breakup by Organization Size:

• Small and Medium-sized Enterprises
• Large Enterprises

Breakup by Component:

• Software
• Services

Breakup by End-User:

• BFSI
• IT and Telecommunications
• Government and Public Sector
• Retail
• Manufacturing
• Healthcare and Life Sciences
• Other

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Related Report By IMARC Group:

https://www.imarcgroup.com/digital-lending-platform-market

https://www.imarcgroup.com/gaming-market

https://www.imarcgroup.com/microgreens-market

https://www.imarcgroup.com/shipping-container-market

https://www.imarcgroup.com/fuel-cell-market

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Applicant Tracking System Market Trends 2024, Industry Growth Overview, Forecast Report By 2032 here

News-ID: 3375531 • Views:

More Releases from IMARC Group

Helium Production Plant DPR & Unit Setup Cost- 2026: Machinery Requirements, CapEx/OpEx, & ROI
Helium Production Plant DPR & Unit Setup Cost- 2026: Machinery Requirements, Cap …
Setting up a Helium Production Plant positions investors in one of the most stable and essential segments of the industrial gas and strategic materials value chain, backed by sustained global growth driven by increasing demand from medical imaging, semiconductor manufacturing expansion, advanced scientific research applications, and the ultra-high purity, reliability, irreplaceable advantages of helium across critical technology sectors. As healthcare infrastructure accelerates, semiconductor fabrication intensifies, and space exploration initiatives expand
Setting Up a Green Hydrogen Plant in India 2026- Complete Cost Model with CapEx, OpEx and Profitability
Setting Up a Green Hydrogen Plant in India 2026- Complete Cost Model with CapEx, …
What Does It Cost to Set Up a Green Hydrogen Production Plant in India? Setting up a 300-ton-per-year green hydrogen plant in India requires a carefully mapped investment across CapEx, OpEx, and long-term profitability. Raw material costs - primarily electricity - run between 60 to 70 percent of operating expenditure. Gross margins project between 25 and 30 percent. And capital investment spans electrolyzer procurement, renewable energy infrastructure, utilities, and compliance -
Pharmaceutical Formulation Manufacturing Plant DPR & Unit Setup - 2026: Business Plan, and ROI Analysis
Pharmaceutical Formulation Manufacturing Plant DPR & Unit Setup - 2026: Business …
Setting up a pharmaceutical formulation manufacturing plant positions investors in one of the most stable and essential segments of the global healthcare value chain, backed by sustained global growth driven by growing prevalence of chronic diseases, pharmaceutical industry expansion, rising demand for patient-centric dosage forms, and the safety, efficacy, stability advantages of finished medicinal products. As global healthcare spending accelerates, chronic and lifestyle diseases increase, and regulatory frameworks increasingly mandate
Triple Superphosphate (TSP) Manufacturing Plant DPR & Unit Setup 2026: Demand Analysis and Project Cost
Triple Superphosphate (TSP) Manufacturing Plant DPR & Unit Setup 2026: Demand An …
Setting up a triple superphosphate (TSP) manufacturing plant involves strategic planning, substantial capital investment, and a comprehensive understanding of production technologies. This essential high-analysis phosphate fertilizer serves field crop agriculture, horticulture, fertilizer blending, and soil nutrient management programs. Success requires careful site selection, efficient phosphate rock processing, stringent safety protocols, reliable raw material sourcing, and compliance with environmental regulations to ensure profitable and sustainable operations. Market Overview and Growth Potential: The global

All 5 Releases


More Releases for ATS

Geniee International Joins ATS Singapore 2025
Geniee International, a global leader in programmatic advertising and monetization technology, is proud to announce its participation as an official sponsor of ATS Singapore 2025, taking place on 2 July 2025 at Sands Expo & Convention Centre. As part of its sponsorship, Geniee will be hosting a dedicated networking space at Booth No. 17, where attendees are invited to meet the team, exchange ideas, and explore potential collaborations. Visitors can expect
Applicant Tracking System (ATS) Market To Witness Astonishing Growth
Coherent Market Insights recently conducted an industry analysis on the worldwide Applicant Tracking System (ATS) market, analyzing the market's future and current situation. The research also provides insights and updates on the relevant market sectors for the projected year of 2023-2030. The key goals of this study were to assess the magnitude of a range of various categories and industries and to forecast which trends would gain traction over the next
ATS Fertilizer Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the ATS Fertilizer market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global ATS Fertilizermarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of ATS Fertilizermarket, market definition, overview, industry opportunities and trends, investment
Benefits of ATS for an agency
Before getting into the benefits of ATS, let me tell you what an ATS is. In simple terms, an ATS (Applicant Tracking System) is a software program or tool that helps a recruiter through every step of the process of hiring candidates from job postings, job applications to scheduling interviews, sending automated emails to candidates all the way till choosing the right candidate for the job. Basically, ATS is the technology
Applicant Tracking System (ATS) Market To Witness Astonishing Growth
Applicant Tracking System (ATS) Market report plays very noteworthy role to achieve business growth and success in this competitive market place for industry. Best practice models and research methodologies are implemented in this report to give comprehensive market analysis with accurate market segmentation and insights. This market research report provides important and meaningful market insights for the business by taking into consideration various factors. It provides market data for several
Applicant Tracking System (ATS) In Higher Education 2017-2021
Applicant Tracking System (ATS) - ATS are applications that manage recruitment process of an organization. They collect resumes in database and give recruiters an automated process of hiring from sourcing to hiring activities. They filter applications automatically based on given criteria such as keywords, skills, former employers, years of experience, and schools attended. This has caused many candidates to adapt resume optimization techniques, similar to those used in search engine